Belvoir Southampton’s Post

𝐑𝐞𝐧𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐪𝐮𝐞𝐞𝐳𝐞: 𝐖𝐡𝐲 𝐅𝐞𝐰𝐞𝐫 𝐔𝐊 𝐇𝐨𝐦𝐞𝐬 𝐀𝐫𝐞 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐭𝐨 𝐑𝐞𝐧𝐭 Despite the overall number of rental properties in the UK remaining relatively stable—around 4.87 million in 2024 compared to 4.85 million in 2017—the availability of rental homes on the market has declined sharply in many regions. This isn't because landlords are exiting en masse, but because fewer properties are being listed as tenants are staying put longer. With rents rising due to high demand and limited supply, tenants are less inclined to move, reducing turnover and leaving fewer options for those entering the market. Here’s how the regions compare in terms of change in rental availability: • North East: Down 49.3% • Wales: Down 41.3% • South East: Down 24.5% • East Anglia: Down 19.2% • North West: Down 18.3% • Yorkshire & the Humber: Down 18.1% • East Midlands: Down 13.1% • South West: Down 12.5% • West Midlands: Down 7.7% • London: Down 7.6% • Scotland: Up 6.1% • Northern Ireland: Up 2.5% Interestingly, regions like Scotland and Northern Ireland have bucked the trend, experiencing slight increases in rental availability. This trend reflects a wider issue: the rate at which properties are coming to market for rent is slowing, even as the total stock grows marginally. For Basingstoke landlords, this poses a challenge in balancing tenant demand and landlord expectations. The market must adapt to ensure mobility and opportunity for renters in the face of these shifts. If you are a Basingstoke landlord and want some advice and opinion on how this will affect the local Buy-to-Let property market, don’t hesitate to contact us on 01256 830800. #basingstoke #belvoirbasingstoke #propertymarket

𝐓𝐡𝐞 𝐔𝐊 𝐑𝐞𝐧𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐀 𝐒𝐭𝐨𝐫𝐲 𝐨𝐟 𝐂𝐡𝐚𝐧𝐠𝐞 𝐚𝐧𝐝 𝐂𝐨𝐧𝐭𝐫𝐚𝐬𝐭 This graphic highlights the average rent paid for new private tenancies across the 12 UK regions in 2024. Unsurprisingly, London sits at the top, with rents averaging a staggering £2,883 per calendar month – just under double the next highest region. Here’s the full list, ranked by average rent: • London – £2,883 pcm • South East – £1,801 pcm • South West – £1,633 pcm • East Anglia – £1,388 pcm • North West – £1,143 pcm • Wales – £1,139 pcm • West Midlands – £1,126 pcm • Scotland – £1,119 pcm • East Midlands – £1,066 pcm • Yorkshire & Humber – £1,061 pcm • North East – £989 pcm • Northern Ireland – £928 pcm While London remains in its own league when it comes to rents, something else stands out: the rate of tenant turnover. Over the last 12 months, 38.61% of London rental properties came up for relet, compared to just 18.67% in the rest of the UK. London’s high turnover isn’t surprising given its transient nature – but this movement is slower than pre-pandemic times. In 2019, 42.6% of London rentals changed hands, while for the rest of the UK, it was 25.1%. What this tells us is that both London and the rest of the UK are seeing fewer tenants move than five years ago. Whether it’s affordability pressures, a tighter rental market, or economic uncertainty, tenants are staying put for longer. If you are a Basingstoke landlord and wish to discuss how your Basingstoke buy-to-let property compares to others in the city, please call us on 01256 830800. #basingstoke #belvoirbasingstoke

𝐓𝐡𝐞 𝐔𝐊 𝐑𝐞𝐧𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐀 𝐒𝐭𝐨𝐫𝐲 𝐨𝐟 𝐂𝐡𝐚𝐧𝐠𝐞 𝐚𝐧𝐝 𝐂𝐨𝐧𝐭𝐫𝐚𝐬𝐭 This graphic highlights the average rent paid for new private tenancies across the 12 UK regions in 2024. Unsurprisingly, London sits at the top, with rents averaging a staggering £2,883 per calendar month – just under double the next highest region. Here’s the full list, ranked by average rent: • London – £2,883 pcm • South East – £1,801 pcm • South West – £1,633 pcm • East Anglia – £1,388 pcm • North West – £1,143 pcm • Wales – £1,139 pcm • West Midlands – £1,126 pcm • Scotland – £1,119 pcm • East Midlands – £1,066 pcm • Yorkshire & Humber – £1,061 pcm • North East – £989 pcm • Northern Ireland – £928 pcm While London remains in its own league when it comes to rents, something else stands out: the rate of tenant turnover. Over the last 12 months, 38.61% of London rental properties came up for relet, compared to just 18.67% in the rest of the UK. London’s high turnover isn’t surprising given its transient nature – but this movement is slower than pre-pandemic times. In 2019, 42.6% of London rentals changed hands, while for the rest of the UK, it was 25.1%. What this tells us is that both London and the rest of the UK are seeing fewer tenants move than five years ago. Whether it’s affordability pressures, a tighter rental market, or economic uncertainty, tenants are staying put for longer. If you are a Southampton landlord and wish to discuss how your Southampton buy-to-let property compares to others in the city, please call us on 023 8001 8222. #southampton #belvoirsouthampton

🆄🅺 🆁🅴🅽🆃🅰🅻 🅼🅰🆁🅺🅴🆃 🆄🅿🅳🅰🆃🅴: 𝐒𝐥𝐨𝐰𝐢𝐧𝐠 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧, 𝐒𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 The UK rental market is undergoing significant changes, with the latest Zoopla (part of Houseful) & The Letting Partnership Rental Market Report highlighting key trends that prospective renters and landlords should be aware of. 📉 𝐒𝐥𝐨𝐰𝐢𝐧𝐠 𝐑𝐞𝐧𝐭𝐚𝐥 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧: Rental inflation has slowed to 6.6%, the lowest rate in 30 months. London leads this trend with rents up just 3.7% over the past year. 🏙️ 𝐒𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: Some UK cities are experiencing falling rents, signalling potential changes in market conditions. Areas with more affordable rents may still see growth due to sustained demand. 📈 𝐒𝐮𝐩𝐩𝐥𝐲 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝:While the demand for rental properties has decreased by 25% compared to its peak, it remains double pre-pandemic levels. Supply has increased by 18% but is still a third below pre-pandemic levels, maintaining an imbalance that is likely to narrow slowly. 📊 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐕𝐚𝐫𝐢𝐚𝐭𝐢𝐨𝐧𝐬: Rental trends vary by region, with some areas like Nottingham, Brighton, and York seeing slight declines in rents, while more affordable regions continue to experience growth. Our article dives into these trends and more, providing a comprehensive analysis of the current state of the UK rental market. Don't miss out on expert insights that can help you navigate this evolving landscape. Read it here 👉 https://lnkd.in/ejYmkx2b #RentalMarket #PropertyNews #HousingMarket #UKPropertyMarket

𝟮𝟬𝟭𝟵 𝘃𝘀 𝟮𝟬𝟮𝟰 𝗥𝗲𝗻𝘁𝗮𝗹 𝗦𝘁𝗼𝗰𝗸 As a Warrington estate & letting agent with a keen eye on the shifting dynamics of the lettings market, it is imperative to highlight the current landscape for both landlords and tenants. Across the UK, the figures are telling: available rental homes on the market have seen a notable decrease from March 2019 to March 2024, with all 12 regions reflecting this trend. The North East has been hit the hardest, with a reduction of 58.3% in rental properties coming onto the market. As one expects, the areas close the Capital (the South East and East Anglia) have been hit hard, yet London has only seen a slight drop these numbers at 12.1%. Irrespective of what is happening in each region, many tenants are opting to stay put for longer, creating a more stable tenancy environment. Moreover, the established rental properties have not experienced the rent hikes akin to the fresher properties entering the market. This has resulted in a two-tiered rental system, impacting both the availability and affordability of homes. For tenants, this means navigating a market where choices may be more limited and rent for new leases potentially higher. For landlords, particularly in Warrington, the scenario is twofold: existing landlords enjoy sustained occupancy, while new landlords entering the market are capitalising on higher rental yields. In this climate, the role of an agency like ours becomes crucial. We provide the expertise to navigate this nuanced market—whether for a seasoned Warrington landlord or those considering their first buy-to-let investment in our historic Warrington. With our finger on the pulse of local and national trends, we offer unparalleled advice and service to ensure your letting endeavours are both profitable and attuned to the current market realities. For a tailored insight into how these trends impact you and to discover the advantages of partnering with a local Warrington lettings expert, landlords are warmly invited to reach out. Together, we can explore opportunities within this evolving landscape. Call : 01925 636 855 Email : warrington@belvoir.co.uk #propertymanagement #warrington #estateagent #lettingagents #WarringtonEstateAgent

For the first time since before the pandemic, the average UK rental price outside London has fallen—dropping by 0.2% in Q4 2024 to £1,341 per month. While rents are still 4.7% higher than last year, this marks the slowest rate of growth since 2021. So, what’s behind this shift? ✅ More properties available – rental stock is up 13% compared to last year. 📉 Falling demand – a 16% drop in prospective tenants searching for homes. 🏡 Landlords leaving the market? While some landlords are selling up, there’s no mass exodus—15% of homes for sale in 2024 were previously rental properties, up slightly from 13% in 2023. 💬 What does this mean for you? ➡️ Tenants may start to see more choice and some price stabilisation. ➡️ Landlords still face strong demand, with an average of 10 applications per property—though rental trends may be shifting. At Park Hall, we help landlords and tenants navigate the ever-changing property market. If you’d like to discuss how these changes impact your plans, get in touch today. #rentalmarket #propertyinvestment #landlords #financialplanning #housingmarket 4o

🚨 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐧𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭! 🚨 Hold onto your hats, renters and landlords—rents have hit new record highs, and the competition is fierce! Here’s a quick dive into the latest rental trends: 🏡 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐫𝐞𝐧𝐝𝐬 - Outside London: Average advertised rents have skyrocketed to a new record of £1,314 pcm, a 7% jump from last year. - In London: Rents have also hit a new peak at £2,661 pcm, up 4% from last year. While growth has slowed from 2022's peak, it's still climbing. 📈 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐅𝐫𝐞𝐧𝐳𝐲 - Each rental property is now receiving an average of 17 enquiries—down from 26 last year but more than double the 8 enquiries in 2019. - Rental supply is up 14% from last year but still 20% below pre-pandemic levels. Tenant demand has decreased by 16% compared to last year but remains 22% higher than in 2019. 🚀 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 - Despite some improvements in supply, the market remains competitive. We need about 120,000 more rental properties to bring rent growth back to normal pre-pandemic levels of 2-3%. 🛠 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐀𝐜𝐭𝐢𝐨𝐧 - Promising signs from the new government aim to improve rental conditions for tenants. - Labour has pledged to build 1.5 million homes, potentially boosting rental availability and helping more tenants become first-time buyers. - To encourage landlord investment in quality homes, experts suggest tax changes, incentives for energy-efficient upgrades, and a more landlord-friendly government sentiment. 🔑 𝐄𝐱𝐩𝐞𝐫𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭 With 17 enquiries per property, the market is out of balance. Increased landlord investment is necessary to expand the stock and achieve a healthier supply-demand balance. Supporting both tenants and landlords is key for long-term market stability. Stay tuned for more updates, and let’s hope for a more balanced rental market soon! 🏠 #RentalMarket #Housing #RealEstate #Renting #PropertyInvesting #MarketTrends #TenantTips #LandlordLife

The UK Rental Market in 2024: A Story of Change and Contrast. This graphic highlights the average rent paid for new private tenancies across the 12 UK regions in 2024. Unsurprisingly, London sits at the top, with rents averaging a staggering £2,883 per calendar month – just under double the next highest region. Here’s the full list, ranked by average rent: London – £2,883 pcm South East – £1,801 pcm South West – £1,633 pcm East Anglia – £1,388 pcm North West – £1,143 pcm Wales – £1,139 pcm West Midlands – £1,126 pcm Scotland – £1,119 pcm East Midlands – £1,066 pcm Yorkshire & Humber – £1,061 pcm North East – £989 pcm Northern Ireland – £928 pcm While London remains in its own league when it comes to rents, something else stands out: the rate of tenant turnover. Over the last 12 months, 38.61% of London rental properties came up for relet, compared to just 18.67% in the rest of the UK. London’s high turnover isn’t surprising given its transient nature – but this movement is slower than pre-pandemic times. In 2019, 42.6% of London rentals changed hands, while for the rest of the UK, it was 25.1%. What this tells us is that both London and the rest of the UK are seeing fewer tenants move than five years ago. Whether it’s affordability pressures, a tighter rental market, or economic uncertainty, tenants are staying put for longer. If you are a Reading landlord and wish to discuss how your Reading buy-to-let property compares to others in the town, please call us on 0118 967 0005 or email on hello@mybespokeagent.com and ask for Mark Heneghan MNAEA #rentalproperties #buytolet #RDG #RDGUK #ReadingTown #ReadingRentals #lettings #PropertyInvestment

Is 2025 the year you should become a landlord? The London rental market remains a hotspot for opportunity despite evolving challenges. Here's why now is the time to maximise your property investments: * Rising Rents: UK rents are forecast to grow by 17.6% over the next five years, driven by high demand and limited supply. * Faster Lettings: Properties in 2024 are renting 20% faster compared to pre-pandemic levels, with demand still elevated despite affordability pressures (RICS). * Supply Challenges = Higher Prices: A 16% drop in available rental listings per branch compared to 2018-19, means landlords can command strong rental values. At Gray's Residential we are proud to offer a supportive, proactive and flexible approach to lettings. * Expert guidance on navigating market shifts like EPC upgrades and tax changes * Our Club 100 promise means you will always have dedicated support * Access to motivated and professional tenants ready to move in now * Proven strategies to keep your property competitive and profitable You can find out more about the services we offer to London landlords here: https://lnkd.in/eErzKs3v #GraysResidential #Club100 #SouthWestLondon #LandlordsUK #PropertyValue #UKPropertyMarket #LondonProperty #LondonPropertyMarket #LandlordsUK #PropertyExpert

Rental Market Squeeze: Why Fewer UK Homes Are Available to Rent Despite the overall number of rental properties in the UK remaining relatively stable—around 4.87 million in 2024 compared to 4.85 million in 2017—the availability of rental homes on the market has declined sharply in many regions. This isn't because landlords are exiting en masse, but because fewer properties are being listed as tenants are staying put longer. With rents rising due to high demand and limited supply, tenants are less inclined to move, reducing turnover and leaving fewer options for those entering the market. Here’s how the regions compare in terms of change in rental availability: • North East: Down 49.3% • Wales: Down 41.3% • South East: Down 24.5% • East Anglia: Down 19.2% • North West: Down 18.3% • Yorkshire & the Humber: Down 18.1% • East Midlands: Down 13.1% • South West: Down 12.5% • West Midlands: Down 7.7% • London: Down 7.6% • Scotland: Up 6.1% • Northern Ireland: Up 2.5% Interestingly, regions like Scotland and Northern Ireland have bucked the trend, experiencing slight increases in rental availability. This trend reflects a wider issue: the rate at which properties are coming to market for rent is slowing, even as the total stock grows marginally. For Frome landlords, this poses a challenge in balancing tenant demand and landlord expectations. The market must adapt to ensure mobility and opportunity for renters in the face of these shifts. If you are a Frome landlord and want some advice and opinion on how this will affect the local Buy-to-Let property market, don’t hesitate to contact rivendell-estates.co.uk on 01373 489888. #rentalproperties #rentalmarket #southwest #landlords